What is the cost of living in Olive Branch, MS?
According to the most recent data on the cost of living, Olive Branch has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Mississippi, Olive Branch has a cost of living index that's 1.2x higher than Mississippi's index of 88.
The standard of living in Olive Branch ranks as #65 most affordable out of the 67 places we measured in Mississippi. By definition, that implies Olive Branch ranks as the #2 most expensive place in the Magnolia State.
For more reading on life in Olive Branch, check out:
Olive Branch Cost Of Living Vs. Mississippi
Six factors go into calculating the cost of living index in Olive Branch. Here is how it fares on each of the criteria:
The Services index in Olive Branch is 99.
The Groceries index in Olive Branch is 97.
The Health index in Olive Branch is 112.
The Housing index in Olive Branch is 94.
The Transportation index in Olive Branch is 99.
The Utilities index in Olive Branch is 96.
| Living Expense | Olive Branch | Mississippi | National Average |
|---|---|---|---|
| Overall | 103 | 88 | 100 |
| Services | 99 | 99 | 100 |
| Groceries | 97 | 97 | 100 |
| Health | 112 | 63 | 100 |
| Housing | 94 | 94 | 100 |
| Transportation | 99 | 97 | 100 |
| Utilities | 96 | 93 | 100 |
Olive Branch Cost Of Living Compared To Mississippi Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Mississippi, check out:
- Most Expensive Cities In Mississippi
- Most Affordable Cities In Mississippi
- Average Rent In Mississippi
Source: Cost-of-living index 2026, normalized to US average = 100
Olive Branch, MS Housing Cost Breakdown
Housing swings affordability the most between places in Mississippi, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Olive Branch is $331,684.
The Median Rent in Olive Branch is $1,829.
The Median Income in Olive Branch is $100,606.
The Home Value To Income in Olive Branch is 3.3x.
The Rent To Monthly Income in Olive Branch is 0.22x.
| Statistic | Olive Branch | Mississippi | United States |
|---|---|---|---|
| Median Home Value | $331,684 | $192,906 | $332,700 |
| Median Rent | $1,829 | $954 | $1,413 |
| Median Income | $100,606 | $56,447 | $80,734 |
| Home Value To Income | 3.3x | 3.4x | 4.1x |
| Rent To Monthly Income | 0.22x | 0.2x | 0.21x |
Olive Branch, MS Costs By Category
Detailed Olive Branch Services costs vs. Mississippi
| Item | Olive Branch | Mississippi |
|---|---|---|
| Shampoo | $1.11 | $1.28 |
| Movie | $11.99 | $12.13 |
| Bowling | $13.75 | $18 |
| Haircut | $26.94 | $24.26 |
| Beauty Salon | $41.92 | $45.56 |
Detailed Olive Branch Groceries costs vs. Mississippi
| Item | Olive Branch | Mississippi |
|---|---|---|
| Ground Beef | $6.1 | $5.84 |
| Fried Chicken | $1.46 | $1.57 |
| Milk | $4.71 | $4.67 |
| Potatoes | $5.15 | $4.93 |
| Pizza | $10.66 | $12.09 |
| Beer | $9.95 | $10.41 |
| Toothpaste | $3.62 | $3.7 |
Detailed Olive Branch Health costs vs. Mississippi
| Item | Olive Branch | Mississippi |
|---|---|---|
| Optometrist | $77.39 | $125.68 |
| Doctor | $124.94 | $135.78 |
| Dentist | $91.51 | $113.29 |
Detailed Olive Branch Transportation costs vs. Mississippi
| Item | Olive Branch | Mississippi |
|---|---|---|
| Gasoline | $3.14 | $3.46 |
| Tire Balancing | $55.67 | $59.92 |
Detailed Olive Branch Utilities costs vs. Mississippi
| Item | Olive Branch | Mississippi |
|---|---|---|
| All Electricity | $163.38 | $193.99 |
| Phone | $192.72 | $192.25 |
Olive Branch SnackAbility
Cost Of Living In Cities Around Olive Branch
The cost of living varies in the cities and towns around Olive Branch. Here's a quick look at the cost of living in the most populous nearby places:
Memphis, TN has a cost of living index of 93, 0.9x Olive Branch.
Bartlett, TN has a cost of living index of 102, 1.0x Olive Branch.
Southaven, MS has a cost of living index of 95, 0.9x Olive Branch.
| City | Population | Cost Of Living | Vs. Olive Branch |
|---|---|---|---|
| Memphis, TN | 618,980 | 93 | 0.9x |
| Bartlett, TN | 56,876 | 102 | 1.0x |
| Southaven, MS | 56,226 | 95 | 0.9x |
| Collierville, TN | 51,515 | 118 | 1.1x |
| Germantown, TN | 40,673 | 121 | 1.2x |
| Horn Lake, MS | 26,647 | 89 | 0.9x |
| Hernando, MS | 17,949 | 102 | 1.0x |
